OTC Derivatives Market Analysis- Interest Rate Derivatives FINAL
Tech Derivatives DailyReport 150316
-
Upload
lenin-bapuji-jagiripu -
Category
Documents
-
view
222 -
download
0
Transcript of Tech Derivatives DailyReport 150316
8/18/2019 Tech Derivatives DailyReport 150316
http://slidepdf.com/reader/full/tech-derivatives-dailyreport-150316 1/5
Technical & Derivatives Report
March 15, 2016
1www.angelbroking.com
In line with the benchmark indices, the Nifty Bank index has
also seen a gap up opening and moved higher in first hour of
the trade. However, we witnessed a correcting price action in
remaining part of the day. Eventually, the Nifty Bank index
ended the session with the gains of 0.72 percent over its
previous trade.
After the range bound move in last week, yesterday also, the
banking index traded within the range of 1 5 0 0 0 - 1 5 4 5 0 . Till
the time, Nifty Bank index doesn’t move decisively above the
higher end of mentioned range, it would be difficult for index
to pick momentum. In near term, major resistance for the
index is seen around the January month's high of 1 5 7 0 0 ,
which coincides with daily ‘89EMA’. Going forward, the
intraday support for the index are placed around 1 5 1 4 0 and
1 5 0 0 0 levels; whereas, resistances are seen around 1 5 4 5 2
and 1 5 7 0 0 .
Key Levels
Support 1 – 15140 Resistance 1 – 15452
Support 2 – 15000 Resistance 2 – 15700
Ni fty Bank Outlook - (15278)
Yesterday, the Nifty opened with the gains of half a percent
owing to positive global cues. Post the positive momentum of
initial hour of the trade, the index started correcting andcontinued to make lower lows. However, Nifty traded in
positive territory throughout the session and closed with the
gains of 0.38 percent over its previous close.
Once again, Nifty struggled to sustain above the resistance of
7 5 5 0 – 7 5 8 0 levels, which is previous breakdown level on the
daily chart and also coincides with the ‘89 DEMA’ and 50%
retracement level of the previous down move from 8 3 3 6 . 3 0 to
6 8 2 5 . 8 0 . Yesterday, we witnessed a formation of a ‘Doji’
candle, which can be a short term reversal trigger on a close
below 7 5 1 5 levels. Going forward, immediate resistance forthe Nifty is placed at 7 5 5 0 – 7 6 0 0 levels; whereas, intraday
support levels are seen at 7 5 1 5 - 7 4 6 0 levels.
Key Levels
Support 1 – 7515 Resistance 1 – 7550
Support 2 – 7460 Resistance 2 – 7600
Sensex (24804) / Nif ty (7539) Exhibit 1: Nifty Daily Chart
Exhibit 2: Nifty Bank Daily Chart
8/18/2019 Tech Derivatives DailyReport 150316
http://slidepdf.com/reader/full/tech-derivatives-dailyreport-150316 2/5
Technical & Derivatives Report March 15, 2016
2
www.angelbroking.com
www.angelbroking.com
Ni fty Vs OI
Views
FIIs continue buying in both cash and F&O segment.
They bought equities to the tune of Rs. 1036 crores.
While in Index Futures, they were net buyers of Rs. 861
crores with marginal in OI, suggesting blend of both
long formation and short covering in last trading session.
In Index Options front, FIIs bought of Rs. 238 with some
rise in OI. The overall activity in both call and put options
was subdued but 7600 call and 7500 put strike were
comparatively active. Maximum OI in current series isvisible in 7500 call and 7200 put options. Despite
market trading in a narrow range, FIIs continue to pour
in liquidity in our market. While in Index Future too they
have been buying in a good way. Seeing the above data,
we suggest to trade with a positive bias.
Historical Volatility
SCRIP HV
DLF 75.04
WO CKPHARMA 80.61
U C O BA N K 77.29
HDIL 69.47
SAIL 60.92
Strategy D ate Sym bol Strategy Status
February 29, 2016 RELIANCE Ratio Bull Call Spread Active
March 05, 2016 BHEL Long Call Ladder Active
March 12, 2016 NIFTY Ratio Bull Call Spread Not Activated
Comments
The Nifty futures open interest has decreased by 0.10%
BankNifty futures open interest has increased by 1.30%
as market closed at 7538.75 levels.
The Nifty March future closed at a premium of 8.10
points against a premium of 2.00 points. The April series
closed at a premium of 45.10 points.
The Implied Volatility of at the money options has
increased from 14.33% to 14.70%.
The total OI of the market is Rs. 2,27,201/- cr. and the
stock futures OI is Rs. 55,750/ - cr.
Few of the liquid counters where we have seen high cost
of carry are UCOBANK, UNITECH, GMRINFRA, NCC
and FEDERALBNK.
OI Gainers
SCRIP OIOI
CHG. (%)PRICE
PRICE
CHG. (%)
C U M M I N S I N D 78600 35.05 847.25 -0.53
HEXAWARE 2538000 12.70 261.85 1.91
JSWEN ERG Y 5712000 9.17 68.30 0.00
G RANU LES 2905000 8.80 125.55 -1.18
IO B 13594000 7.65 26.90 2.87
OI Losers
SCRIP OIOI
CHG. (%)PRICE
PRICE
CHG. (%)
O N G C 21978000 -6.60 208.50 1.44
M IN DTREE 2851200 -6.58 654.15 -1.46
KO TAKBANK 8232700 -4.46 640.15 -0.94
BPCL 7048800 -3.99 806.50 0.07
MARUTI 3027000 -3.04 3658.25 0.33
Put-Call Ratio
SCRIP PCR-OI PCR-VOL
N IFTY 0.96 0.93
BAN KNIFTY 1.06 0.87
SBIN 0.75 0.53
ICIC IBAN K 0.91 0.50
RELIAN C E 0.52 0.39
8/18/2019 Tech Derivatives DailyReport 150316
http://slidepdf.com/reader/full/tech-derivatives-dailyreport-150316 3/5
Technical & Derivatives Report March 15, 2016
3
www.angelbroking.com
www.angelbroking.com
Note: Above mentioned Bullish or Bearish Spreads in Nifty (March Series) are given as an information and not as a recommendation.
Nifty Spot = 7538.75 Lot Size = 75
FII Statistics for 14-March 2016
Detail Buy Sell N et O pen Interest
ContractsValue
(in Cr.)
Change
(%)
INDEX
FUTURES 1865.95 1004.88 861.08 313185 17261.62 0.38
INDEXOPTIONS
21289.19 21050.58 238.61 1378144 76811.93 0.63
STOCKFUTURES
2677.79 2930.91 (253.12) 1038751 47035.85 (0.73)
STOCKOPTIONS
1808.52 1778.26 30.26 77097 3519.19 4.60
TOTAL 27641.46 26764.63 876.83 2807177 144628.59 0.20
Turnover on 14-March 2016
InstrumentNo. of
Contracts
Turnover
( in Cr. )
Change
(%)
INDEX
FUTURES 262278 13759.52 -27.83
INDEXOPTIONS
2716761 150455.99 -27.85
STOCKFUTURES
421534 19508.42 -16.81
STOCKOPTIONS
299995 13942.44 12.50
TOTAL 3700568 197666.37 -24.97
Bull-Call Spreads
Action Strike Price Risk Rewa rd BEP
Buy 7600 70.9535.50 64.50 7635.50
Sell 7700 35.45
Buy 7600 70.9555.05 144.95 7655.05
Sell 7800 15.90
Buy 7700 35.4519.55 80.45 7719.55
Sell 7800 15.90
Bear-Put Spreads
Action Strike Price Risk Rewa rd BEP
Buy 7500 78.1530.25 69.75 7469.75
Sell 7400 47.90
Buy 7500 78.1549.20 150.80 7450.80
Sell 7300 28.95
Buy 7400 47.9018.95 81.05 7381.05
Sell 7300 28.95
Nifty Put-Call Analysis
8/18/2019 Tech Derivatives DailyReport 150316
http://slidepdf.com/reader/full/tech-derivatives-dailyreport-150316 4/5
Technical & Derivatives Report March 15, 2016
4
www.angelbroking.com
www.angelbroking.com
Daily Pivot Levels for Nifty 50 Stocks
Scrips S2 S1 PIVOT R1 R2
ACC 1,226 1,231 1,235 1,240 1,244
ADANIPORTS 225 229 233 237 241
AMBUJACEM 200 202 204 206 208ASIANPAINT 882 891 897 906 912
AXISBANK 408 412 417 421 426
BAJAJ-AUTO 2,286 2,302 2,317 2,332 2,348
BANKBARODA 139 140 142 143 144
BHARTIARTL 328 334 338 345 348
BHEL 101 103 105 108 109
BOSCHLTD 17,385 17,688 18,053 18,356 18,722
BPCL 789 797 805 813 821
CAIRN 145 149 150 154 155
CIPLA 524 531 537 544 551
COALINDIA 289 293 296 300 303
DRREDDY 3,156 3,195 3,221 3,260 3,286
GAIL 335 339 344 348 354
GRASIM 3,542 3,565 3,596 3,619 3,650
HCLTECH 818 823 827 832 835
HDFC 1,132 1,145 1,160 1,174 1,188
HDFCBANK 1,018 1,023 1,030 1,035 1,043
HEROMOTOCO 2,783 2,799 2,818 2,835 2,853
HINDALCO 83 84 85 86 87
HINDUNILVR 839 848 854 863 869
ICICIBANK 217 219 221 223 225
IDEA 100 100 102 103 104
INDUSINDBK 910 915 924 929 938
INFY 1,129 1,135 1,145 1,151 1,160
ITC 320 323 324 327 328
KOTAKBANK 622 630 640 647 657
LT 1,161 1,172 1,190 1,201 1,218
LUPIN 1,842 1,855 1,865 1,879 1,888
M&M 1,187 1,199 1,218 1,230 1,249
MARUTI 3,596 3,622 3,653 3,679 3,710
NTPC 125 126 127 128 129
ONGC 204 206 208 210 211
PNB 81 81 82 83 84
POWERGRID 137 138 138 139 140
RELIANCE 1,006 1,013 1,020 1,026 1,033SBIN 179 181 182 183 185
VEDL 87 88 89 90 92
SUNPHARMA 848 855 866 873 884
TATAMOTORS 354 360 365 372 377
TATAPOWER 59 59 59 60 60
TATASTEEL 292 295 297 300 302
TCS 2,306 2,331 2,364 2,389 2,422
TECHM 453 461 467 476 481
ULTRACEMCO 2,963 2,986 3,005 3,028 3,048
WIPRO 534 537 540 544 547
YESBANK 790 796 803 809 816
ZEEL 392 396 402 406 412
8/18/2019 Tech Derivatives DailyReport 150316
http://slidepdf.com/reader/full/tech-derivatives-dailyreport-150316 5/5
Technical & Derivatives Report March 15, 2016
5
www.angelbroking.com
lb ki
Research eam Tel: 022 - 39357800 Website: www.angelbroking.com
For Technical Queries E-mail: [email protected]
For Derivatives Queries E-mail: [email protected]
D ISC LAIM ER
Angel Broking Private Limited (hereinafter referred to as “Angel”) is a registered Member of National Stock Exchange of India Limited,
Bombay Stock Exchange Limited and MCX Stock Exchange Limited. It is also registered as a Depository Participant with CDSL and
Portfolio Manager with SEBI. It also has registration with AMFI as a Mutual Fund Distributor. Angel Broking Private Limited is a
registered entity with SEBI for Research Analyst in terms of SEBI (Research Analyst) Regulations, 2014 vide registration number
INH000000164. Angel or its associates has not been debarred/ suspended by SEBI or any other regulatory authority for accessing
/dealing in securities Market. Angel or its associates including its relatives/analyst do not hold any financial interest/beneficial
ownership of more than 1% in the company covered by Analyst. Angel or its associates/analyst has not received any compensation /
managed or co-managed public offering of securities of the company covered by Analyst during the past twelve months. Angel/ analyst
has not served as an officer, director or employee of company covered by Analyst and has not been engaged in market making activity
of the company covered by Analyst.
This document is solely for the personal information of the recipient, and must not be singularly used as the basis of any investment
decision. Nothing in this document should be construed as investment or financial advice. Each recipient of this document should
make such investigations as they deem necessary to arrive at an independent evaluation of an investment in the securities of the
companies referred to in this document (including the merits and risks involved), and should consult their own advisors to determine
the merits and risks of such an investment.
Reports based on technical and derivative analysis center on studying charts of a stock's price movement, outstanding positions and
trading volume, as opposed to focusing on a company's fundamentals and, as such, may not match with a report on a company's
fundamentals.
The information in this document has been printed on the basis of publicly available information, internal data and other reliable
sources believed to be true, but we do not represent that it is accurate or complete and it should not be relied on as such, as this
document is for general guidance only. Angel Broking Pvt. Limited or any of its affiliates/ group companies shall not be in any way
responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report.
Angel Broking Pvt. Limited has not independently verified all the information contained within this document. Accordingly, we cannot
testify, nor make any representation or warranty, express or implied, to the accuracy, contents or data contained within this document.
While Angel Broking Pvt. Limited endeavors to update on a reasonable basis the information discussed in this material, there may be
regulatory, compliance, or other reasons that prevent us from doing so.
This document is being supplied to you solely for your information, and its contents, information or data may not be reproduced,
redistributed or passed on, directly or indirectly.
Neither Angel Broking Pvt. Limited, nor its directors, employees or affiliates shall be liable for any loss or damage that may arise from
or in connection with the use of this information.
N ote: Please refer to the imp ortan t ‘Stock Ho lding D isclosure' report on the Ange l website (Resea rch Section). Also, plea se refer to the
latest update on respective stocks for the disclosure status in respect of those stocks. Angel Broking Pvt. Limited and its affiliates may
ha ve investment po sitions in the stocks recom me nded in this repo rt.